Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-09-29 20.170961 23.021470 26.134050 29.785762 33.953843 38.564547 44.054219
2024-10-06 17.019471 20.934671 25.538702 31.355183 38.513459 47.043643 57.994731
2024-10-13 14.167920 18.648004 24.281645 31.892993 41.923055 54.711771 72.296426
2024-10-20 11.527382 16.165313 22.375342 31.310872 43.867009 60.927867 85.954305
2024-10-27 9.608240 14.305129 20.978352 31.170211 46.390291 68.356624 102.621719
2024-11-03 8.410407 13.255918 20.540261 32.316572 50.955020 79.451376 126.598036
2024-11-10 7.495781 12.472669 20.367756 33.842913 56.386614 92.805629 156.553194
2024-11-17 6.519596 11.420888 19.602937 34.306719 60.238758 104.387276 185.931567
2024-11-24 5.469532 10.059567 18.101294 33.277318 61.417330 111.772891 209.664062
2024-12-01 4.604347 8.870143 16.695663 32.168865 62.265239 118.747418 234.056899
2024-12-08 4.010646 8.077333 15.873902 31.995785 64.827911 129.329510 267.364942
2024-12-15 3.571272 7.505398 15.373644 32.358707 68.510119 142.728811 308.935617
2024-12-22 3.167233 6.949343 14.844322 32.646261 72.271415 157.338059 356.833073
2024-12-29 2.904119 6.644902 14.785815 33.938934 78.475040 178.345936 423.365195
2025-01-05 2.592214 6.174968 14.290386 34.180000 82.414763 195.220437 484.281211
2025-01-12 2.248913 5.567984 13.380217 33.292811 83.573583 206.009388 533.164990
2025-01-19 1.989335 5.112401 12.740964 32.937573 85.969010 220.253922 593.946925
2025-01-26 1.839355 4.902597 12.661579 33.981892 92.152007 245.212114 688.496182
2025-02-02 1.724684 4.762944 12.735152 35.449304 99.781320 275.508933 804.659415
2025-02-09 1.573090 4.494898 12.426094 35.824692 104.521978 299.060853 907.283777
2025-02-16 1.379884 4.073451 11.626256 34.664588 104.675600 309.905559 975.115152
2025-02-23 1.210490 3.688051 10.857182 33.444843 104.421663 319.585787 1041.887078
2025-03-02 1.094871 3.440823 10.442071 33.214082 107.163663 338.867926 1144.033302